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Mortgage Rates Hit All-Time Low (Well, At Least The Lowest Since 1971)
December 4th, 2009 categories: Loans / Financing
On the left side-bar of HomeSection.com, you’ve probably seen the little “Mortgage Market Survey” graphic. It automatically updates every Thursday, when Freddie Mac updates its mortgage rate survey.
Well, this week’s report, released late yesterday, shows that interest rates over the past week dropped to 4.71% (with 0.7 points). That represents the lowest it’s ever been, since Freddie started compiling its list all the way back in 1971.
More details on what Freddie had to say: Click Here.
RECENT POSTS
- Fannie Gives Owner-Occupants First Choice
- Home Buyer Tax Credit Extended & Expanded…But Only ‘Til April
- REOs Can’t Tell You Who To Use Any More…Or Can They?
- The Tax Credit Clock Is Ticking For First-Time Buyers
- Will New FHA Appraisal Rules Mean More Headaches?
- Are Home Prices Finally Heading North?
- Are Short Sales Really Selling In Solano County?
- Are We In An Artificial Boom Market?
- Is Better To Pay Points Or Take A Higher Interest Rate?
MARKET UPDATES
- Monthly Solano Real Estate Report — Oct. ‘09
- 3rd Qtr Solano County Home Sale Statistics
- 2nd Qtr Solano County Home Sale Statistics
- Monthly Solano Real Estate Report – Sept. ‘09
- Monthly Solano Real Estate Report – Aug ‘09
- Benicia & Vallejo Home Sales Report — Sept. ‘09
- Benicia & Vallejo Home Sales Report — Aug ‘09
- See All Archived Market Updates













